# Kaneka vs seiren

> Unit: JPY millions (ratios in %)
> Periods: Kaneka = FY ending Mar 2026, consolidated, J-GAAP / seiren = FY ending Mar 2026, consolidated, J-GAAP
> Retrieved: 2026-09-30T19:34:31.172Z

| Metric | Kaneka | seiren |
| --- | ---: | ---: |
| Revenue | 811,638 | 171,765 |
| Operating income | 32,894 | 20,832 |
| Net income | 30,977 | 15,599 |
| COGS ratio | 72.2% | 72.6% |
| Operating margin | 4.1% | 12.1% |
| Net margin | 3.8% | 9.1% |
| FCF margin | -0.4% | 4.3% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YIFD | S100YH1G |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | Kaneka | seiren |
| --- | ---: | ---: |
| Revenue growth | 65.1 (96 peers) | 88.6 (110 peers) |
| Profitability | 20.5 (100 peers) | 96.8 (111 peers) |
| Cash conversion | 50.5 (96 peers) | 9.7 (108 peers) |
| Efficiency | 77.5 (100 peers) | 26.6 (111 peers) |
| Financial strength | 39.5 (19 peers) | — |

## Company details

- https://vizora.meequs.com/en/company/kaneka/md
- https://vizora.meequs.com/en/company/seiren/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).